Montag & Caldwell LLC reduced its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,485 shares of the specialty retailer’s stock after selling 2 shares during the period. Montag & Caldwell LLC’s holdings in O’Reilly Automotive were worth $401,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in O’Reilly Automotive during the fourth quarter valued at approximately $103,000. Nikko Asset Management Americas Inc. purchased a new position in O’Reilly Automotive during the first quarter valued at $108,000. Parkside Financial Bank & Trust raised its position in O’Reilly Automotive by 1.2% in the first quarter. Parkside Financial Bank & Trust now owns 414 shares of the specialty retailer’s stock valued at $112,000 after buying an additional 5 shares in the last quarter. FTB Advisors Inc. raised its position in O’Reilly Automotive by 108.2% in the first quarter. FTB Advisors Inc. now owns 506 shares of the specialty retailer’s stock valued at $124,000 after buying an additional 263 shares in the last quarter. Finally, M&R Capital Management Inc. raised its position in O’Reilly Automotive by 150.0% in the fourth quarter. M&R Capital Management Inc. now owns 500 shares of the specialty retailer’s stock valued at $139,000 after buying an additional 300 shares in the last quarter. Institutional investors own 92.20% of the company’s stock.
Shares of O’Reilly Automotive, Inc. (ORLY) traded down 2.38% during midday trading on Tuesday, hitting $224.90. The stock had a trading volume of 1,235,502 shares. The firm’s 50-day moving average price is $244.44 and its 200-day moving average price is $263.60. The firm has a market capitalization of $20.47 billion, a PE ratio of 20.50 and a beta of 0.64. O’Reilly Automotive, Inc. has a one year low of $220.31 and a one year high of $292.84.
O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, April 26th. The specialty retailer reported $2.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.88 by $0.28. The company had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.22 billion. O’Reilly Automotive had a return on equity of 61.79% and a net margin of 12.10%. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the company posted $2.59 earnings per share. On average, equities analysts predict that O’Reilly Automotive, Inc. will post $12.26 EPS for the current year.
ORLY has been the topic of several recent research reports. Zacks Investment Research upgraded O’Reilly Automotive from a “sell” rating to a “hold” rating in a report on Monday, May 1st. Stephens set a $315.00 price objective on O’Reilly Automotive and gave the stock a “buy” rating in a report on Friday, April 28th. Atlantic Securities upgraded O’Reilly Automotive to an “overweight” rating and set a $307.00 price target for the company in a report on Friday, April 7th. They noted that the move was a valuation call. Oppenheimer Holdings, Inc. set a $300.00 price target on O’Reilly Automotive and gave the company a “buy” rating in a report on Thursday, April 27th. Finally, Cleveland Research downgraded O’Reilly Automotive from a “buy” rating to a “neutral” rating in a report on Monday, April 3rd. Nine equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $300.89.
In related news, Chairman David E. Oreilly sold 25,000 shares of the stock in a transaction on Friday, May 19th. The stock was sold at an average price of $250.56, for a total value of $6,264,000.00. Following the completion of the sale, the chairman now directly owns 145,568 shares in the company, valued at $36,473,518.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Gregory D. Johnson sold 5,000 shares of the company’s stock in a transaction on Wednesday, March 29th. The shares were sold at an average price of $275.00, for a total transaction of $1,375,000.00. Following the sale, the insider now directly owns 8,863 shares in the company, valued at approximately $2,437,325. The disclosure for this sale can be found here. Insiders have sold 40,600 shares of company stock valued at $10,537,062 over the last quarter. Company insiders own 3.12% of the company’s stock.
O’Reilly Automotive Company Profile
O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.
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